Removal from the West Bromwich Mortgage Company and other lender panels: Why they do it and how to get reinstated
- Breaches of West Bromwich Mortgage Company conveyancing panel requirements
- Your law firm fails to meet the criteria to remain on the West Bromwich Mortgage Company conveyancing panel
- Persistent delays in post completion requirements set by West Bromwich Mortgage Company
- Persistent delays in registering security on behalf of West Bromwich Mortgage Company Delays or failure to register the West Bromwich Mortgage Company charge may result in referral to external lawyers of West Bromwich Mortgage Company to complete outstanding requirements.
- Failure to act in accordance with the West Bromwich Mortgage Company panel terms, the written instructions that West Bromwich Mortgage Company give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which West Bromwich Mortgage Company may subsequently adopt.
Top questions concerning West Bromwich Mortgage Company panel reinstatement
- What times frames are involved when applying to revert back onto the West Bromwich Mortgage Company conveyancing panel?
- Is the door firmly shut if my firm’s reinstatement panel application with West Bromwich Mortgage Company is refused?
- Can we act for West Bromwich Mortgage Company while the appeal for reinstatement on the West Bromwich Mortgage Company panel is being progressed? How do I know if our reinstatement appeal to the West Bromwich Mortgage Company panel is accepted?
- Is there a limit to the amount of occasions my practice can submit applications to get back on the West Bromwich Mortgage Company conveyancing panel?
- What are the consequences if our West Bromwich Mortgage Company panel reinstatement application is refused and the client of the firm has a mortgage application with the West Bromwich Mortgage Company?
Top Tip: The best way to avoid the hassle of seeking West Bromwich Mortgage Company panel reinstatement is to ensure that your firm is not removed off of the West Bromwich Mortgage Company conveyancing panel in the first place.
Note: Subject to certain conditions Lexsure’s experts or consultants can assist in providing you with guidance for reinstatement onto the West Bromwich Mortgage Company conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to West Bromwich Mortgage Company directly or via their appointed panel manager. Any reinstatement application will have to be made by your firm. For the avoidance of doubt, Lexsure (or the Conveycentric Team) are in no way involved in managing the West Bromwich Mortgage Company conveyancing panel.